203 USEPPA ISLAND, CAPTIVA, FL, 33924
Active118 days on marketListed Mar 25, 2026MLS #C7523801
About this home
203 USEPPA ISLAND
Located on the eastern shore of the reimagined and redeveloped private Useppa Island, the Aerie estate is the signature property on 30 miles of Pine Island Sound. With 250 feet of shoreline and views that capture 180 degrees of the Sound stretching for miles, the home is unique. Enter the foyer and take in a great room reminiscent of a century old fishing retreat, the pecky cypress ceiling soaring 25 feet above the fireplace gathering area, broad windows to watch passing boats and soaring birds. A mezzanine floor overlooking the great room boasts a kitchen with two of everything and room for multiple chefs-or dishwashers or bartenders. Overlooking the water from this level is a dining room for 12. Adjacent to the kitchen is a screened-in grilling and outdoor serving area, and a swimming pool with an expansive deck area. Also on this level is a half bath, and 2 bedrooms with ensuite baths. The second floor includes 2 bedrooms with ensuite baths and a massive 25x30 owners suite. A private dock, enclosed and conditioned garage, storage and equipment rooms provide the service areas needed to serve this expansive home. Useppa has all the services and amenities of a small town, and is a bridgeless island ensuring privacy and solitude. Yet an active lifestyle of boating and sporting activities for any that wish to participate. The island is known for its outgoing community of residents, and with only 118 homes, the nature of the island will not deviate from the tropical luxury and Old Florida ambiance that create this special place in the sun.
Facts & features
The home at a glance
5
Bedrooms
6
Bathrooms
6,878
Sqft
0.63 ac
Lot size
2
Garage
1999
Year built
Two
Levels
$931
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$42,572 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$42,572/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Useppa
Get to know Captiva. See the full Captiva guide →
Useppa — neighborhood snapshot
Population
12
Median age
38
Avg household
1
For the school run
Lee County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Captiva market
$7.9M → $1.9M
Captiva median sold, yr/yr
This home is listed 89% above the CAPTIVA 33924 median. See the full Captiva market guide →
Paper trail
This home's history
Reality check
What actually sold near 203 USEPPA ISLAND
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jun ’26$1,900,000
328 USEPPA
5 bd · 3.5 ba · 2,992 sqft · $635/sqft · 28 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 203 USEPPA ISLAND — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 203 USEPPA ISLAND — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
203 USEPPA ISLAND FAQs
What would the monthly payment be for 203 USEPPA ISLAND?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $42,572/mo — principal and interest, the actual property-tax bill, the $504/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 203 USEPPA ISLAND?+
The association fee works out to $504 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 203 USEPPA ISLAND?+
The most recent tax bill on record (2025) was $59,683. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 203 USEPPA ISLAND?+
The listing reports pets: Cats OK, Dogs OK. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Captiva?+
At $6,400,000, this home is listed about 95% above the Captiva median of $3,279,000. The market section on this page shows how the area is trending.
Which schools are assigned to 203 USEPPA ISLAND?+
Mariner High School (high), Ida S. Baker High School (high), Cape Coral High School (high), The Sanibel School (elementary), Island Coast High School (high), North Fort Myers High School (high) — Lee County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Positioned at the premium end
$6,400,000 runs 89% above the CAPTIVA 33924 median — but at 6,878 sqft it's also nearly twice the size of the typical Captiva listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Know the monthly fee
The association fee is $504/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04Time on market is leverage
118 days on market against a Captiva median of 1 — sellers in this position are usually ready to negotiate.
05Strong assigned schools
Mariner High School, Ida S. Baker High School, Cape Coral High School, The Sanibel School, Island Coast High School, North Fort Myers High School — The Sanibel School rates 5 of 5. Always verify assignments with the district.
Listing courtesy of UIP PROPERTY COMPANY LLC · Brian McColgan. MLS #C7523801.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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